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Energys Group Announces Receipt of Determination Letter from Nasdaq Capital Market
Globenewswire· 2026-01-08 11:00
Core Viewpoint - Energys Group Limited has received a Determination Letter from Nasdaq indicating non-compliance with the minimum market value listing requirement of $35 million, with the company having a market value below this threshold for the past 30 consecutive business days [1][2]. Group 1: Compliance and Listing Status - The company has until June 29, 2026, to regain compliance with Nasdaq's listing rule, which requires the market value of listed securities to be at least $35 million for a minimum of ten consecutive business days [2]. - If the company fails to meet this requirement within the compliance period, it will receive a notification from Nasdaq regarding potential delisting, but it has the option to appeal this decision [2]. Group 2: Company Background and Vision - Energys Group, founded in 1998, has evolved from an energy conservation consultancy to a provider of energy efficiency and decarbonization solutions for the built environment, serving both private and public sectors, including schools and hospitals primarily in the UK [4]. - The company's vision focuses on delivering innovative solutions that reduce carbon emissions, lower costs, and support the Net Zero agenda while enhancing the wellbeing of building users [4]. Group 3: Management's Commitment - The CEO of Energys Group has expressed the importance of maintaining the company's listing on Nasdaq for shareholder value, emphasizing the commitment to improving performance to meet continued listing standards [3].
Morning Market Movers: MSGM, DTCK, ELDN, TMCI See Big Swings
RTTNews· 2025-11-07 12:26
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Motorsport Games Inc. (MSGM) has seen a substantial increase of 122%, trading at $4.88 [3] - Globus Medical, Inc. (GMED) is up 27%, currently priced at $78.75 [3] - JFrog Ltd. (FROG) has risen by 26%, trading at $59.60 [3] - FIGS, Inc. (FIGS) is up 19%, with a trading price of $8.97 [3] - Organogenesis Holdings Inc. (ORGO) has increased by 18%, trading at $4.59 [3] - PureCycle Technologies, Inc. (PCT) is up 17%, currently priced at $11.31 [3] - Expedia Group, Inc. (EXPE) has risen by 16%, trading at $255.10 [3] - 10x Genomics, Inc. (TXG) is up 13%, currently priced at $14.72 [3] - Abacus Global Management, Inc. (ABL) has increased by 12%, trading at $5.95 [3] - GigaCloud Technology Inc. (GCT) is up 9%, currently priced at $27.80 [3] Premarket Losers - Davis Commodities Limited (DTCK) has experienced a significant decline of 65%, trading at $2.23 [4] - Eledon Pharmaceuticals, Inc. (ELDN) is down 46%, currently priced at $2.19 [4] - Treace Medical Concepts, Inc. (TMCI) has decreased by 35%, trading at $4.00 [4] - Energys Group Limited (ENGS) is down 30%, currently priced at $2.77 [4] - Intellia Therapeutics, Inc. (NTLA) has seen a decline of 27%, trading at $8.89 [4] - Fox Factory Holding Corp. (FOXF) is down 24%, currently priced at $16.60 [4] - Opendoor Technologies Inc. (OPEN) has decreased by 24%, trading at $4.94 [4] - AirSculpt Technologies, Inc. (AIRS) is down 21%, currently priced at $8.27 [4] - Power Solutions International, Inc. (PSIX) has seen a decline of 20%, trading at $64.25 [4] - ClearPoint Neuro, Inc. (CLPT) is down 17%, currently priced at $15.00 [4]
Market Downturn Hits Diverse Industries: A Closer Look at Top Losers
Financial Modeling Prep· 2025-11-07 00:00
Core Insights - Several companies have faced significant stock price declines amid recent market volatility, highlighting diverse challenges across various industries [1] Company Summaries - **Aspen Aerogels, Inc. (ASPN)**: Stock price decreased by $3.22, a -43.52% change, dropping to $4.18 from a year high of $18.93. The company updated its 2025 outlook due to lower near-term electric vehicle production in North America, despite receiving a PyroThin® award from a major European OEM [2][6] - **DIH Holding US, Inc. (DHAI)**: Experienced a -62.62% change, with stock price falling by $1.13 to $0.68. The decline reflects volatility in the healthcare and technology markets, with recent financial results potentially contributing to the stock's drop [3][6] - **Teads Holding Co. (TEAD)**: Stock price fell by $0.66, marking a -45.01% change to $0.80. The company reported a quarterly loss of $0.17 per share, which was worse than the Zacks Consensus Estimate, indicating challenges in the advertising and technology sectors [4][6] Industry Context - The companies mentioned are navigating turbulent market conditions, with investors closely monitoring their recovery strategies. The challenges are multifaceted, involving sector-specific issues and broader market trends [5]
Energys Group Ltd(ENGS) - 2025 Q4 - Annual Report
2025-11-03 12:23
IPO and Corporate Structure - The company completed its Initial Public Offering on April 2, 2025, issuing 2,250,000 Ordinary Shares at a price of US$4.50 per share, resulting in gross proceeds of US$10,125,000[185]. - The company underwent a reorganization effective February 23, 2023, consolidating its businesses in the UK and Hong Kong into an offshore corporate holding structure in anticipation of its IPO[168]. - The company transferred all issued and outstanding shares of its subsidiary, Grand Alliance International Limited, to Mr. Michael Lau for HKD$1.00, resulting in a reduction of GBP303,013 (US$415,768) in net liabilities[185]. Financial Performance - For the fiscal year ended June 30, 2023, total revenue was GBP 6,005,563, with retrofit revenue accounting for 91.48% of total revenue[239]. - For the fiscal year ended June 30, 2024, total revenue is projected to be GBP 9,601,471, with retrofit revenue expected to be GBP 8,460,981[239]. - For the fiscal year ended June 30, 2025, one customer accounted for 19.8% of total revenue, indicating a significant customer concentration risk[303]. - As of June 30, 2025, four customers accounted for 23.3%, 16.2%, 14.6%, and 13.0% of the total balance of contracts receivable, highlighting ongoing customer concentration[304]. - For the fiscal year ended June 30, 2025, two vendors accounted for 17.3% and 12.2% of total purchases, while in 2024, one vendor accounted for 17.1%[307]. - As of June 30, 2025, four vendors represented 20.6%, 16.0%, 13.0%, and 12.9% of the total balance of accounts payable[308]. Product and Service Offerings - The company has expanded its product offerings into carbon reduction solutions, including boiler optimization and energy monitoring[165]. - NVL's primary products include high-performance, energy-efficient LED lighting systems, which are targeted for commercial, industrial, and exterior applications[209][212]. - The company aims to innovate its product portfolio, including the development of a "smart ceiling" that integrates IoT-enabled devices for better resource management[223]. - The company’s LED products are designed to provide more light with less energy, contributing to reduced operational costs for clients[256]. - The company’s energy management systems significantly reduce indirect CO2 emissions, aiding clients in achieving sustainability goals[256]. - The company plans to launch multiple new products over the next two years, including EnergysWatch, EnergysMeter, and EnergysClimate, with various phases scheduled from Q1 2026 to Q1 2028[277]. Market and Competitive Landscape - The company has faced challenges due to Brexit, including potential loss of foreign investment and increased product costs when expanding into the European market[167]. - The market for energy-efficient lighting products is fragmented, with competition from manufacturers like Osram and Honeywell International[316]. - The company believes that the market from existing infrastructure for LED retrofitting is significantly larger than that from newly constructed buildings, targeting large national accounts for revenue generation[323]. Sales and Distribution Strategy - The company plans to expand its sales and distribution networks into the United States and Europe, leveraging its expertise in managing projects across multiple facilities[222][225]. - The company intends to utilize its expanded sales team in the UK to market and sell products and services to European customers[332]. - The company is expanding its energy management services, including electricity bill management and remote monitoring, to create additional revenue sources[301]. Regulatory and Compliance - The company is subject to UK GDPR regulations, which may impose penalties of up to £17.5 million or 4% of worldwide revenue for non-compliance[347]. - The company established a Data Protection Policy and a Data Breach Response Plan on November 1, 2022, to ensure compliance with data protection laws[356]. - The company must implement new safeguards for data transfers outside the EEA or UK, requiring significant effort and cost[350]. - The company is subject to additional privacy and consumer protection laws in the UK, which may affect its marketing strategies[352]. Operational Efficiency and Management - The company emphasizes quality and reliability in its LED lighting systems, which has helped retain existing customers and attract new ones[226]. - NVL's business model includes comprehensive project management services, from consultancy to installation and maintenance, differentiating it from competitors[220]. - The management team has extensive experience, with the CEO having over 15 years in the energy conservation solutions industry[230]. - The company maintains property insurance policies and considers its insurance coverage sufficient for its operations[343]. Research and Development - The company’s research and development teams are located in Hong Kong, focusing on technology development and market feasibility studies[274][275]. - The company does not currently maintain cybersecurity insurance, which may not be available on acceptable terms if sought in the future[359]. - The company relies heavily on third-party service providers for data security, which limits its ability to monitor their practices[354]. Customer Engagement and Warranty - The company provides a product warranty for a period of 5 years and a workmanship warranty for 1 year from project completion[262]. - There were no material warranty claims made during the fiscal years ended June 30, 2023, 2024, and 2025[273]. - NVL has not experienced any warranty claims on OEM suppliers in the last three years, indicating strong product reliability[310].
Energys Group Ltd(ENGS) - Prospectus(update)
2024-09-24 18:21
As filed with the Securities and Exchange Commission on September 24, 2024 Registration No. 333-275956 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1/A Amendment No. 10 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ENERGYS GROUP LIMITED (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) Cayman Islands 1731 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standa ...
Energys Group Ltd(ENGS) - Prospectus(update)
2024-09-06 21:30
As filed with the Securities and Exchange Commission on September 6, 2024 Registration No. 333-275956 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1/A Amendment No. 9 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ENERGYS GROUP LIMITED (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) Cayman Islands 1731 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard ...
Energys Group Ltd(ENGS) - Prospectus(update)
2024-09-06 17:41
Amendment No. 8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ENERGYS GROUP LIMITED As filed with the Securities and Exchange Commission on September 6, 2024 Registration No. 333-275956 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1/A (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) Cayman Islands 1731 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard ...
Energys Group Ltd(ENGS) - Prospectus(update)
2024-06-18 19:55
As filed with the Securities and Exchange Commission on June 18, 2024 Registration No. 333-275956 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1/A Amendment No. 7 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ENERGYS GROUP LIMITED (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) Cayman Islands 1731 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Ind ...
Energys Group Ltd(ENGS) - Prospectus(update)
2024-06-03 21:11
As filed with the Securities and Exchange Commission on June 3, 2024 Registration No. 333-275956 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1/A Amendment No. 6 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ENERGYS GROUP LIMITED (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) Cayman Islands 1731 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Indu ...
Energys Group Ltd(ENGS) - Prospectus(update)
2024-05-10 01:59
As filed with the Securities and Exchange Commission on May 10, 2024 Registration No. 333-275956 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1/A Amendment No. 5 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ENERGYS GROUP LIMITED (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) Cayman Islands 1731 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Indu ...